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Ottawa set to scrap EV mandate, launch $1.5 billion investment fund: sources

Published Feb 4, 2026 at 10:47pm

The Canadian Press
By
The Canadian Press
Ottawa set to scrap EV mandate, launch $1.5 billion investment fund: sources

An electric vehicle is charged in Ottawa on Wednesday, July 13, 2022. THE CANADIAN PRESS/Sean Kilpatrick

Prime Minister Mark Carney is expected to announce a national automotive strategy tomorrow which will scrap the electric vehicle sales mandate in favour of new vehicle emissions standards and revive consumer rebates for EV purchases.

Government and industry sources, who were not authorized to publicly discuss details ahead of the announcement, say Ottawa will also launch a $1.5 billion EV infrastructure fund.

In September, Carney paused the EV mandate — which would have required automakers to ensure a certain percentage of new vehicle sales are electric starting this year — and launched a 60-day review.

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